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much. happening now, a speech to the world. president obama at the united nations goes in depth on the turmoil in the middle east. also, mitt romney talking aid, trade and more drilling down on foreign policy. we're going to hear what he's saying. and the news many homeowners have been waiting for years to hear. i'm wolf blitzer. you're in "the situation room." >>> a brief break from the verbal sparring, the white house race. president obama stepped back in the global spotlight in new york today addressing the united nations assembly. he spoke at length about the turmoil in the middle east touting diplomacy and coalition building as the solution to the crisis to the region that's been vexing his administration. jessica yellin is traling with the president in new york. jessica, give us an update. what did the president say? >> reporter: wolf, when the president spoke here he had two major audiences, a global audience and a domestic audience. voters listening now to foreign policy issues with a new ear and a new eye after this violence in libya. and the president addressing it all
around the globe. we'll let you know what's happening up at the u.n. president obama and mitt romney both in the key state of virginia yesterday. you can all relax because everything, once again is all right with the world. those good regular union refs are back on the job. they came out last night for the ravens/browns game up in baltimore. no more lingerie league rejects out on the field. how about it. okay. that and a whole lot more here on today's "full court press." but first the latest, today's current news update from lisa ferguson in los angeles. good morning. >> hey bill, good morning everyone. mitt romney is all over the map again today with a rally in pennsylvania and then a fund-raiser in massachusetts. his campaign has another $5 million after last night's fund-raiser in d.c. where romney explained his five steps to take america back. the first of which is to produce more oil and natural gas. >> romney: we have the capacity if we can take advantage of it and we build that pipeline from
under president obama. 47% is a legitimate figure. and the latest fox news poll shows voters are fed up. when asked if all americans should be required to pay some kind of federal income tax, 79%, yes, they should. and joining us with americans for tax reform, maddie go through it for me fast. how did the spike happen? i believe there was a spike in the number of people not paying any federal income tax at all. >> right, we've got romney talking about this and the media saying that this is, you know, him insulting, inelegant, a problem talking about it, what it is a referendum on obama policies and the state of the economy. what we've seen are incomes falling and people have less income due to paying taxes on and getting more he deduction and less tax income liability. ahead of that, too, though, we've seen a lot more complexity introduced into the tax code, we've got deductions, if you fill out your own 1040 how difficult it is if you're not taking the standard deduction, what your tax liability is. this is something coming down the pipe with a romney administration or more republicans
obama for calling the latest setbacks in the middle east bumps in the road. >>> the president is focusing in on world peace as he prepares to address the united nations. he's also making time to woo women voters. >>> and a tv first, u.s. marines are giving new details about one of the costliest attacks on u.s. airpower in decades. i'm wolf blitzer. you're in "the situation room." >>> with only 43 days to go until the presidential election, mitt romney is starting to zero in on a handful of battleground states that will decide this election. one of those states is colorado, where romney just wrapped up a rally at the pueblo airport. our national political correspondent jim acosta is standing by live. jim, what happened? >> reporter: wolf, with the calendar shrinking and the debates fast approaching, mitt romney is starting to barnstorm through crucial swing states like here in colorado. he knows he has serious ground to make up. today he tried to do just that on the subject of foreign policy. it's not debate time yet, but mitt romney was looking for one on foreign policy in fro
is down, way down in the obama years and down again last month. income now lower by 8.2%. that is a flat-out decline in purchasing power and standard of living for american households, down. but so far, no impact on president obama's standing in the polls. he leads in swing states, ohio and florida and on the question of economic policy, the president leads mitt romney 48-39. now, this is what happens in europe when living standard plunge, rioting overnight in spain and a general strike in greece, this is the people's response over there to austerity. we've got another all-star lineup for you, watch out everybody, "varney & company" is about to begin. woman 1: this isn't just another election. we're voting for... the future of our medicare and social security. man 1: i want facts. straight talk. tell me your plan... and what it means for me. woman 2: i'm tired of the negative ads and political spin. that won't help me decide. man 2: i earned my medicare and social security. and i deserve some answers. anncr: where do the candidates stand on issues that... affe seniors today and in the
president obama and republican nominee romney essentially in a dead heat. president obama winning by just 1 percentage point as the race enters its final weeks. senior fellow at the american enterprise institute is joining us now from washington, d.c. kevin good to see you. what is the one thing that mr. romney will do to try and push ahead with his economic agenda that he has not been doing and that needs to be doing in previous weeks? >> well, i think that the biggest thing coming up is that governor romney is going to have a chance to speak directly to the american people in the debates and to challenge president obama. you know, one of the untold stories of this campaign for example is that president obama has absolutely no plan to create jobs. that thing they were waving at the convention, his 4 trillion dollars plan was actually just his budget from last year which went -- which went to the floor of the house and senate and got no votes. that kind of conversation is not getting through because of the mainstream media bias. dagen: mr. romney can also speak for himself. he has been wide
is probably going to do better. she says that president obama is one of the most talented political communicateors in modern history. this will be his eighth one-on-one presidential debate and romney's first. the president wil usehis ample rhetoricts attack romney. obama won the debates against john mccain if 2008 by double digits. it is not just the romney team that is trying to lower expectations. check out what obama's senior campaign advisor said recently. >> look, mitt romney, i think, has an advantage because he has been through 20 of these debates in the primaries over the last year. he even bragged that he was declared the winner in 16 of those debates. so i think in that sense having been through this much more recently than president obama, i think he starts with an advantage. >> want to bring in our jim accosta, who is covering the romney campaign in wayne, indiana. i'm tired of the false flattery really. do people really buy this? >> reporter: no, i don't think buys it, suzanne, but, you know, campaign aides are going to do that, and th'regoin to keep doing it as long as
. obama 48, romney 46. if this class warfare argument is working and we're told it is, shouldn't the president be up by a lot more. >> accord to go rasmussen, the president has only a 1 point lead in ohio. so that state, key state, basically, a dead heat and by the way, scott rasmussen will join us later this hour, a couple of minutes in fact with his latest daily national tracking poll. in our next hour, we'll talk to radio hosts from ohio, and are people tired of the race already? it's every single commercial on tv, a political ad? yeah, most of them are. all right, and we'll put the entire ad, that president obama is running in ohio on our facebook page and we'll read some of your comments later in the show in the next hour. check pre-market apple, the stock is down big ahead of the opening bell because the company says it sold 5 million new iphone 5 phones in three days after its launch and that's way below what many people expected. some are looking for 8 or 10 million and the stock will be sharply lower when that opening bell rings. president obama successfully made succe
reporting. i'm deborah feyerick at cnn world >>> a mad dash to the end of the race. president barack obama and governor mitt romney get ready for a face-off at this week's first debate. >>> plus a couple of big surprises from arnold schwarzenegger who talks candidly about his childhood and the housekeeper. >>> and an epic fail by the united states. after being up for a significant lead, the guys in the ryder cup lose big, berman. >> it was a disaster. complete meltdown. well, still, good morning. and welcome to october, everyone. this is "early start." i'm john berman in washington this morning. >> and i'm sir riesirita simon. >>> president barack obama and mitt romney square off wednesday night in denver. both trying to lower expectations practically gushing over one another, but new jersey governor chris christie is going against the grain and setting the bar high for the republican nominee. >>er time mitt romney has been confronted in this campaign with one of these moments, he has come through in a debate and performed extraordinarily well laying out his vision very clearly and also co
reserves of shale gas. and spokesman for mitt romney says the obama administration should formally their china a currency manipulator. semiannual report due on the topic released by treasury in mid october. >> it had stopped for a while and yuan was slowly moving up, but then with all the pressures with their economy, it's kind of turned around. >> when you start messing around with china as a political football on either side, election nearing and -- >> and tensions between china and japan got pretty bad. i heard the lexus is going to be slowing down production because wealthy people don't want to buy a japanese luxury sedan. >> a lot of people that were wealthy aren't quite as wealthy as they used to be. i think trump was always railing about china, too. >> in other news out of washington, the white house is reportedly prepare to go direct federal agencies to develop guidelines for owners of power, water and other infrastructure facilities. it would give the agencies 90 days to propose new regulations and create a new cyber security council at the department of homeland security.
more intense. the big issues at the center of president obama's and mitt romney's campaigns today. l. plus high honors for a stanford professor. the research that earned him an ig-nobel prize. you got this, righ i do got this. let us get everything off the shelf, and to your home. ñsxóxgñ sofa... desk... you know what? why don't you go get some frozen yogurt. i got this. you're so sweet. you got this, right? i do got this. let us get everything off the shelf, and to your home. . >>> an overnight single car crash in palo alto sent several people to the hospital early this morning. the highway patrol says the car was traveling north on highway 101 just before 3:00 a.m., when it went off the highway and into the bushes near the san antonio road off-ramp. there is no word on the extent of the injuries or what caused that crash. >>> the sonoma raceway has hosted a lot of events over the years, but today's races with a first. alex savidge is live to tell us about the international sport that has finally come to the u.s. >> the hot topic at sonoma was the world touring car championship.
for the white house, president obama and mitt romney back on prime-time television, both men appeared on 60 minutes last night, mitt romney responded to criticism that he has been too vague about his plans for the country. >> if you want to work together with people across the aisle, you lay out your principals in your policy, you work together with them but you do not hand them a complete document in say " take this or leave this ". >> as for the economic plans that he has revealed, the president says they simply will not work. >> he seems to only one note, tax cuts for the wealthy, and rolling back regulations as a recipe for success. >> meanwhile controversy over his taxes are a part of a new obama's campaign advertisements. >> including veterans, elderly, the disabled, he will not release his tax returns i before 2010, >> @ mitt romney says that distorts his position and they are a big reason why he is trailing in polls in battleground states. >> in world news this morning the taleban has released a video that they say shows and surgeons preparing for an attack on a nato base earlier th
while president obama so far not scheduled a meeting with israeli's prime minister he made time to chat up the ladies on "the view" today. to figure out what message he sending, senator john barrasso. thanks for joining us. >> thanks for having me. >> there are three things the president need to do when he addresses the united nations these things. what are those? >> i wrote an article in "politico" today. it specifically says the president has to acknowledge there is still a war on terror after you see what happened in the past couple weeks when 9/11, with our embassy, with the loss of life of our ambassador. that is number one. number two the president needs to talk about the relationship between the united states and israel. when he says that israel, that the united states always has their back on all issues what does that specifically mean? i think, three, the president owes it to the people of this country to know what his foreign policy is. the president in 2008 laid out a foreign policy that he would hit reset button with russia. i believe that has failed. melissa: yeah. >> he sa
this morning, crunch time in the race for the white house. just two days remain before president obama and mitt romney square off in denver for the first of three critical debates. president's being prepped in nevada today. and the gop challenger has some ground to make up because a brand-new "washington post"/abc news poll this morning has the president leading by two percentage points among likely voters. it's not unusual for candidates to try to lower expectations in the days leading up to dedebate. republicans have been playing up the president's eloquence, ever since last week. but it seems somebody forgot to tell new jersey governor chris christie, because he was setting the bar high for mr. romney. listen. >> he's going to come in wednesday night, lay out his vision for america, he's going to contrast what his view is with what the president's record is, the president's view for the future and this whole race is going to be turned upside down come thursday morning. >> upside down is what he says. in just a few minutes we're going to be talking about wednesday night's debate and the presi
it the fail mary from local amateur referees to sports fans and even president obama. we'll have reaction to last night's controversial call by the replacement referees. >>> and peanut butter recall involving trader joes expands. other brands now involved. >>> and surprise, below the surface, the historical find here in the bay area. >>> a red hot silicon valley electric car maker is running a little low on juice tonight. shares of tesla motors falling by 10% after the bay area said it's maker fewer than they initially planned. less revenue prompting investors to sell. >>> and how about this? top executives from google are taking shots at apple. former ceo eric schmitt says apple should've kept google maps instead of replacing it with a home built version for their new phone. the switch happened on apple's latest software update and many iphone users say the new map system isn't as accurate as google maps. schmidt said apple would have to approve google maps for the updated system before the app becomes available on the iphone 5. he says that isn't expected to happen any time soon. >>> we
the math doesn't work. >> you're the master of the budget. so let's go through the plan. the obama camp says independent groups say if you cut those tax rates for everybody 20%, it costs $5 trillion over ten years. true? >> not in the least bit true. >> how much would it cost? >> its revenue neutral. >> i'm just talking about the cuts. we'll get to the deductions. >> the cut in tax rates is lower all americans tax rates by 20%. it's revenue neutral. >> it's not revenue new pral unless you take away the deductions. the first half, lowering the tax rates, does that cost $5 trillion? >> no. look, i won't get into a baseline art with you but that's what a lot of this is about. lowering tax rates by broadening the tax base works. and you can -- let me finish. >> you haven't given me the math. >> i don't -- it would take me too long to go through all of the math. >> i got to tell you, what did you think of that? i thought that was unbelievable. >> why? >> first of all, it was on fox which we all have views on what you think fox will do. second of all, i think he has no details. >> i don't agr
the parties involved, how much our personal relationships between netanyahu, president obama, netanyahu, mitt romney, how much is that playing into what we'ree hearing about this and other issues? >> i don't think what the prime minister did yesterday had any, but i think people seem to discard the importance of personal relations. in a politics and international relations or even national affairs, not love affairs and not all about rumors. at the same time personal relations come and all you have to do to have this brought home to you is remember the very bad relations between president roosevelt in the second world war, a very great extent america's decision to enter the war, to help the united kingdom because of the disdain and distrust between those two leaders. i believe personal relationships to count and i hope whoever the next resident i is, relations between him and the prime minister of israel will be as they always were. warm, trustful, genuine and ones of great strategic alliance. connell: thank you very much for coming into the studio today. appreciate it. thanks. dagen: vast maj
from the first debate between president obama and republican challenger, mitt romney. some are calling these debates a make-or-break moment for romney. it's "your voice, your vote." with just 38 days left to election day. and david kerley joins us from the white house with an inside look at how both sides are prepping. david? >> reporter: good morning, bianna. this is the year that these debates could be critical. so, both candidates are spending a lot of time preparing. heading back to boston for more debate practice, mitt romney would not endorse the view that the debates could be do-or-die for his campaign. >> i don't think anyone would suggest that the debates are not important. i can't tell you how important it will be. it will be a good chance for the president and for me to have a conversation with the american people about our respective views. >> four more years. >> reporter: mr. obama spent a couple of hours practicing yesterday, as well. and has three days set aside for more practice. it's nicknamed debate camp. and near the end of camp, like now, it's a full-on mock debate.
.12. >> president obama left the white house monday and touched down in new york city for the un general assembly. his appearance on 60 minutes the night before grabbing headlines. >> i said at the time that this is going to be a rocky path. >> president obama was asked about the recent turmoil in the middle east. there will be bumps in the road. conservatives including mitt romney are calling the comments in sensitive. >> these are not bombs in the road these are human lives. >> there is a certain rather desperate attempt to grasped words and phrases to find political advantage at in this case that is profoundly scene. >> any pressure that i feel is simply due to do what's right for the american people i will block out any noise that's out there. >> conservatives called it a big ed america's of one of america's closest allies. >> his objective is to take every step step possible to enhance security. >> this is what president obama wants us to focus on words said by mitt romney at a fund-raiser. >> mitt romney attacked 44 75 of americans who pay no income tax including veterans and the disabled.
and the president obama will be addressing. we're watching bay area traffic. let's take a look at the bay bridge and looks very clear. >> we have a very dense fog along the coastline. later on today you can expect temperatures to be near the 80 south. looking ahead into tomorrow they will be similar as today. >> and still looking ahead we are not tracking any major problems. the slowest traffic is on highway 4 heading into antioch. south bay freeway and the peninsula is still a very light right. there is still no delays. >> there was a fire that broke out at home in san francisco. this is the area of south san francisco but 800 block of grand ave. we have been following this story all morning long. the crews have now left this morning and the windows of a grand of this duplex are now boarded up. the fire department stated that around 11:30 p.m. last night they received a call about a fire. there were apparently to people inside the building when they arrived. the police officer helped the two people get out of the building and the smoke caused all of them to be trans purported to the hospital. y
. president obama for mitt romney. some new data out. most people have made up their minds. 15% could be convinced to choose somebody else. that seems kind of hype. first, here are some currencies. look how they are shaping up against the dollar today. ♪ follow the wings. ♪ >> @23 minutes past the hour i have good news minute. at least 14 people are dead after a bombing attack in afghanistan. thirty-seven for her to the attack. a new report finds dozens of weapons connected to the bathroom. and it gone rubbing fetish they were linked to murders, kidnappings and other drug cartels. your seafood may be shrinking over the next few decades. researchers at the university of british columbia faced global warming will reduce the size of 600 species of fish. warmer oceans will reduce the amount of oxygen in the water. those are your news headlines on the fox business network. dagen: thank you so much. the supreme court is back in session. first on the agenda, a human right case revolving around a ball around 1789. connell: peter barnes covered that. >> argument ending for this first case.
tonight, mitt romney and president obama subscribe their different visions for the economy. >> don't build these massive deficits that pass debt on to our kids. rebuild the foundations with great homes, great schools. entrepreneurship and innovation. keep government as a facilitator as freedom in america. don't have government take away the rights and the freedoms of the american people. >> romney told cbs news his campaign does not need to turn around. the videotape which he calls 47% of americans tax avoiders. the gop nominee rallied a crowd and will take a bus tour to ohio this week. president obama defended the economic progress so far. >> has what we've done worked? and the fact of the matter is what we've done has been effective in improving the situation in every area that we're talking about. when i made a decision to save the auto industry, that saved a million jobs. >> the president told cbs news he expects to work successfully with congress after the election. sticking with presidential business during the next few days. on tuesday speaks to the united nations. >>> more details
. obama had interesting comments last night on a televised interview in which he talked about we did not get anything done if you are inside washington. >> i have learned some lessons over the last four years. the most important lesson i have learned is you cannot change washington from the inside. you can only change it from the outside. gerri: he is backpedaling on that today. how do you think people will react to that comment? >> he is the leader of the country and if the leader of the country cannot get things done, and i agree with him, he could not get the congress to cooperate with them. he got a healthcare bill through. it is a nice pattern, what do want to do go home to illinois and govern from their orders he want the white house? gerri: romney came back hard. in november he is going outside. people have been calling on romney to have a stronger response, to really come out. >> i think that was fine. what romney has to do is if you elect me this is what this country will look like four years from now. we have seen the last four years in the same policy people and policies.
. >>> still to come this morning on squawk, president obama, mitt romney and their respective campaign staffers hitting the airwaves. we'll have some of the highlights. and in the next hour, we have two of the world's most renowned scholars in the field of energy. why they argue that the situation in iran could be a game changer for crude prices. meantime, iranian hackers are have said to have attacked jpmorgan and citigroup. we'll talk cyber security. and ask reputation.com's michael fertik is the nation's banking system is at risk. ffrs . >>> tomorrow on "squawk box," an hour with our guest host barry diller who ran pariramount and fox. we'll talk politics with jeb bush. at optionsxpress we create easy-to-use, powerful trading tools for all. like our all-in-one trade ticket. we put strategies, chains and positions all on one screen. start trading today with optionsxpress by charles schwab. >>> last night both mitt romney and president obama were on "60 minutes" and this was a chance to see both of the candidates. it was a very interesting way of watching about it, among the topics th
. home prices at a nine year high. the dow is up 53. we're waiting for president obama to address the general assembly. he walked in just moments ago. we're waiting for the president to speak. we are expecting some harsh words about a round to come from the president. we'll go live to as the president takes the floor at the end. americans are paying more to manage their own money. the survey found the atm surcharges for banks' non customers rose 4% over last year. the average average overdrafts see is ouup. the good news most of those fees can be avoided. use a little more discipline using atms. worst-case scenario, you may just have to switch banks. discover bank is paying 214 million charged and charges. they'll be refunding money to customers. but they have been accused of enrolling customers and programs without their consent. customers that bought the products will receive roughly $57 back from discover. >> will be back in a few minutes. here's a look outside this morning there is some clouds, but you can see some sunshine as well this morning. the only thing we can agree on
loses. it's not guaranteed romney will lose. obama after three great weeks is at 50 so it's not like he is at 54 with a big margin of error. that if romney doesn't lose, i think the big question will be is there someone who kind of challenges the party on issues, particularly with immigration and maybe a little bit on social issues. >> i think, i actually think that someone who explicitly makes the case would be worse -- look at a bob mcdonnell in virginia. he is someone who clearly was socially conservative, telegraph that very clear to his voters and the thought of him as reliable, and so he was able to go after suburban voters and what have you. but because you thought of him as reliable and say, he was able to frame things effectively. i think that's a better model. compare a huntsman to george w. bush. >> and marco rubio. i can imagine jeb bush is being the intellectual leader, but not running himself, maybe trying to see a rubio was not message of anti-and i can't get but further in this direction. i can sort of imagine that scenario. >> far be it for me to predict what republican
of a september slump as president obama with politics here in new york. jake tapper is here this morning. jake, the candidates were combative on "60 minutes." >> that's right, george, they're entering a new phase, the debate phase of the campaign. so right now, with the first debate coming up a week from wednesday, the candidates are looking for any edge to knock the other on his heels. >> reporter: mitt romney barn-storming battlegrounds, colorado, ohio and virginia, trying to regain momentum lost after a tough week on the trail. on the campaign plane overnight, romney was asked why he was trailing in so many battleground states. >> i think that the president's campaign has focused its advertising, in many cases, on very inaccurate portrayals of my positions. he's trying to fool people into thinking that i think things i don't. that ends, i think, during the debate. >> reporter: when he lands in ohio, tuesday, a brand-new tv ad from the obama campaign will greet him, assailing the republican for the hidden camera comments he made describing 47% of the country as irresponsible, government-depe
talked and the fact that obama is leading in the polls and the market has to consider the fact that aggressive rises in capital gains tax. that may be a fact. at what point will people sell anticipation of that, do you think? >> i think they are nervously watching and they bought into the qe thing assuming that the gridlock will continue and perhaps from the presidential polls to the presidential election polls. and if there is still not complete control by any one party, the deadlock will continue and the market will be mollified with that. >> you mentioned what you would do if you were at the sidelines at this point in time and "the wall street journal" article was interesting, sort of implying that fund managers were up and will actually sell. the vast majority of mutual fund managers and hedge funds are underperforming their marks. do you think this is going to be a force in the market, as "the wall street journal" wants to make it? it seems to me that the moneying managers outperforming are in such a minority that even if they went to the sidelines -- >> we've seen it. we'
obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? we're sitting on a bunch of shale gas. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> it is time! it's time for the "lightning round." are you ready? start the lightning round. going to start with cory in arkansas. cory? >> caller: hey, orange county, but close enough. longtime listener, first time caller. >> okay. >> caller: i'm interested in taking a long position in tsla. >> too dicey. too dicey. no, no, no. this is just a very overvalued stock. i'm not going to recommend it. let's go to
to build that into our model and say that's not going to change. so if obama gets elected they stay in. if romeny gets elected which he won't then he can't necessarily change it so let's just build that those tax cuts are gonna expire at the end of the year period. the one thing that i can tell you that is very troublesome to me as i look at prices, as i look across as i look at hog prices priced for next summer, i look at cattle prices, i look at grain prices and that is that why is it that we ignore the food and energy component of cpi? so, i could be ben bernanke's speech writer because he says the same thing every time he goes in front of the senate is we don't see any particular problem with inflation. really, we don't corn prices just nearly double in three months. so, how is it there is no inflation? >> reporter: do you get any sense that the ethanol mandate is going to change under either administration under obama or if romney would get elected? >> well is sure seems like the word ethanol has turned into a pejorative and it's not exactly the most positive topic. i just don't k
.2 million on his office. the decorator decorated the white house. >> the obama's brought him inned too the white house. >> yes, whatever the guy was; a $1400 parchment paper waste waste wastebasket. >> oh, charlie. >> that's where we are now. he's shopping. they have not called me back. >> that's shocking. your eye is healed. >> he did not take a shot at me. >> okay. >> that was just the guy on the street. congratulations. charlie, thanks so much. all right. let's talk politics. mitt romney's 2011 tax returns are public. is he paying the fair share? help or hurt the campaign? up next the economic writer, steven moore, on romney's battle for the white house. >> first, a look at winners and losers on the s&p500 as we head to break. international paper topping the list at about 3.5%. we'll be right back. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah
, curtis. again a lot of people are fearful if obama wins re-election that is the path we're headed on. what do you expect to happen to tax rates if he is reelected? >> you know, president obama does want to raise taxes. i don't think we'll ever go back to rates in the 70s of 75%. we've been there, done that. i don't think we'll go back to level. however president obama wants to raise them from 35% today to above 40% starting next year. that would slow the economy. it would reduce job creation and keep us stuck in the low growth, high unemployment environment we're at right now. lori: just for my background sake here in the u.s. we're at about 1% expansion rate. what is the highest level of income taxes you could pay to keep us in a free enterprise capital structure society? >> well, you know, i think it is hard to pick a particular rate because it depend on the tax base and a lot of other things. however, you know, right now we're at 35% and we have no growth. a lot of people point to the clinton years, you know what, we raised taxes and economy grew. go back and look at the in those
a lot. >>> the united general assembly's 67th session opens today with president obama getting ready to take the stage at any moment. conflict in the middle east will be one of the key topics of his speech. we are at the white house and joined with a quick preview. >> reporter: two main subjects on the aden gentleman going to the yutss today. we are going to talk about the violence in the muslim streets that culminated into the american ambassador to libya. and he'll talk about the nuke lower armed iran. i was going to say there are no words for the innocence of the killing we have seen. there's also no video to justify an attack on an embassy. there's no slander that provides an excuse for people to burn a restaurant in lebanon or destroi a cool in tune this -- he does not think that the united states can live with the nuclear armed iran. carl, one point to think about as we think about the president's remarks here, he's been under fire f, and the obam camp is making an important issue, obama is clearly walking a tightrope today and doesn't want to threat up his re-election chances.
, president obama and republican candidate mitt romney meet in the first presidential debate. this one focusing on domestic policy. on thursday,ing the minutes of the last meeting of this federal reserve open-market committee. this is the meeting when the fed governors approve another round of quantitative easing. and on friday the monthly jobs report will be released. we will find out if there is any change to the 8.1% unemplment rate for america. >>> finally, ready to hand over the wheel? at google headquarters this week, jerry brown signed a law legalizing driverless cars. the search giant has been developing self driving cars for years and they use camera a's and radar to detect other vehicles and have reportedly logged 300,000 road miles without an accident. implementing this idea is right on schedule. it was just at the 1939 world's fair when general motors predicted a highway system full of electric cars controlled by remote radio as part of the company's future exhibit. that u thank you for joining me. join me for a special interview oracle cofounder and ceo and the third riche
contributors to barack obama. so let's focus on the left side of the aisle this morning. we're using fresh data here from the center for responsive politics, focusing on donors who gave to groups that contribute some or all of their money to the presidential race. we're going to start with number five, jeffrey katzenburg, the ceo of dreamworks. he and his company have been lobbyists for a lot of copyright companies in washington as well as protection against china. katzenberg attended a lunch with biden and top chinese officials. after that, dreamworks has a jv with the son of china's president. going on to our number four on the list is jim simons. he is the founder of renaissance technologies. and he is the richest of the democratic dee nonors with a ne worth of $11 billion. education is a big issue for the democrats. math education and reform of public education, big issue for jim simons, who i'm sure will be a big voice for democrats. remember, president obama's change of position on gay marriage this summer, shortly after that, he got a big check from a guy named jon stryker, architect in
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